Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Popdex+0.056%45s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.536% of the position
Funding, last 4 days (all we have)+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.056%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.053% dearer against Popdex than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.004%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex BGBUSDT | 2.1245 | 0.0096 | pay 0.0012% / 1h | 46m 53s | $60K | $248K | 20x |
| Short | Bitget BGBUSDT | 2.1257 | 0.0100 | get 0.0100% / 8h | 46m 53s | $24.1M | $6.5M | 50x |
Popdex BGBUSDT
Bitget BGBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Popdex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: +0.056% → +0.004%
- $5.28
- Slippage, 4 orders
- −$35.24
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$47.52
- Costs to cover
- 0.536%
- Break-even
- 403.0 days
Slippage from Popdex: live order book, 57 min ago; Bitget: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Popdex live order book, 57 min ago | 1.88 bp | 14.5 bp −$15 | 200.7 bp −$2,007 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.65 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
BGB on 2 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex BGBUSDTlong | +0.0096% | 1h | 2.1245 | long leg | $60K | $248K | 20x | |
| Bitget BGBUSDTshort | +0.0100% | 8h | 2.1257 | +0.056% | $24.1M | $6.5M | 50x |